Ethereum ETFs Crying All the Way to the Bank: $75M Vanish into Oblivion! 😱

by

Once upon a time in the mystical world of finance, Ethereum ETFs decided to throw a tantrum – bleeding a staggering $75.21 million on December 5. All nine funds sat quietly, pretending they cared, with not a single inflow in sight – as if the market had become a ghost town. 👻💸

The Great Capital Vanishing Act

It appears that Ethereum’s darling ETF, BlackRock’s ETHA, took center stage in this tragic comedy, orchestrating the entire spectacle of outflows. Poor ETH, it’s been crying for days-losing nearly $80M since December 2, with only a brief intermission when Fidelity fed it a tiny morsel of inflows of $140 million on December 3. Talk about a rollercoaster, but with fewer thrills and more tears. 🎢😭

Who’s to blame? BlackRock’s ETHA, the unchallenged heavyweight, claiming a cool $13.09 billion in net inflows – a veritable whale in the murky pond of Ethereum ETFs. Meanwhile, Grayscale’s ETHE is sinking like the Titanic with a loss of almost $5 billion, and Fidelity’s FETH just keeps nibbling away, accumulating a modest $2.62 billion – as if trying to keep up with the Kardashians of crypto funds. 🙄

As of December 5, total assets managed by Ethereum ETFs stood at a modest $18.94 billion – just enough to buy a couple of yachts or a small island for your crypto dreams. Total net inflow? A rather unimpressive $12.88 billion, but who’s counting? Trading volume drifted slightly upwards to $1.77 billion – a figure so riveting it could put insomniacs to sleep.

The Case of the Disappearing ETH Supply

Meanwhile, ETH balances on exchanges have plummeted to a record-low 8.84% of total supply, defying market sentiment that feels as heavy as a sumo wrestler after Thanksgiving dinner. Bitcoin, on the other hand, lounges with 14.8% of its supply chilling on exchanges – probably sipping piña coladas. 🍹

$ETH is quietly entering its tightest supply environment ever.

Exchange balances just fell to 8.84% of total supply, a level we’ve never seen before.

For context, $BTC is still sitting near 14.8%.

ETH keeps getting pulled into places that don’t sell, staking, restaking, L2…

– Milk Road (@MilkRoad) December 5, 2025

In other words, ETH is busy being pulled into the endless abyss of staking, restaking, Layer 2 activities, and other fancy buzzwords that make investors’ heads spin faster than a carousel. The market might be gloomy, but ETH is quietly stacking its supplies out of sight, hiding like a secret lover. When the supply tightens enough, you can bet your last satoshi that the price will follow – probably with some dramatic flair. 🎭

So, dear reader, if you thought markets were predictable, think again. ETH is playing hide-and-seek with its supply, and the market? Well, it’s just waiting for that inevitable plot twist. Stay tuned – or better yet, hide your coins just in case!

Read More

2025-12-06 21:12